At a Glance
- Tasks: Join our Reserving Reinsurance team to support actuarial services and analysis.
- Company: QBE is a global insurer with a local presence in 27 countries, focused on resilience.
- Benefits: Enjoy hybrid work options and collaborate with colleagues worldwide.
- Why this job: Gain unique exposure to Lloyds and London Markets while making impactful business decisions.
- Qualifications: Ideal for those with analytical skills and a passion for actuarial science.
- Other info: Permanent position based in Leeds, offering a dynamic and supportive work environment.
The predicted salary is between 36000 - 60000 £ per year.
Primary Details Time Type: Full time Worker Type: Employee Actuarial Analyst (Reserving) Leeds Permanent (Hybrid) At QBE, our purpose is to enable a more resilient future. We are an international insurer and reinsurer with a local presence in 27 countries. The opportunity We\’re looking for an Actuarial Analyst to join our Reserving Reinsurance team based in our Leeds office. You\’ll have the unique opportunity to work across lines of business written in both the Lloyds Market and London Market, without the need to be based in London. As a key Insurance hub, our UK offices support business written globally, giving you broad exposure to different geographies and the opportunity to collaborate with colleagues around the world. Your new role Reporting to our Lead Actuary, you\’ll be a crucial piece in the overall support and provision of actuarial services, using our mature business processes, ensuring that business decisions are made using the best possible quantitative information. Main responsibilities: Supporting the forecasting of regular Technical Provisions, Reserve Margins, and Reserve uncertainties to provide appropriate analysis for reports and accounts, business planning, profitability studies and commutations. Monitoring and reviewing reserve assessments with interim analyses including act…
Actuarial Analyst Reserving employer: QBE Management Services (UK) Limited
Contact Detail:
QBE Management Services (UK) Limited Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst Reserving
✨Tip Number 1
Familiarize yourself with the Lloyds and London Markets. Understanding the nuances of these markets will give you an edge in discussions and demonstrate your commitment to the role.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who work in reserving. Engaging with industry experts can provide insights into the role and may even lead to referrals.
✨Tip Number 3
Stay updated on the latest trends and regulations in the insurance industry. This knowledge will not only help you in interviews but also show that you are proactive and informed.
✨Tip Number 4
Prepare to discuss your analytical skills and how you've applied them in past experiences. Be ready to share specific examples that highlight your ability to support forecasting and reserve assessments.
We think you need these skills to ace Actuarial Analyst Reserving
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Actuarial Analyst (Reserving) position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize any previous experience in actuarial roles or related fields. Be specific about your contributions to forecasting, reserve assessments, and any quantitative analysis you've performed.
Showcase Your Skills: Make sure to highlight your analytical skills, attention to detail, and proficiency with actuarial software or tools. Mention any relevant qualifications or certifications that align with the requirements of the role.
Craft a Compelling Cover Letter: Write a personalized cover letter that connects your background to the mission of QBE. Explain why you are interested in the position and how you can contribute to their goal of enabling a more resilient future.
How to prepare for a job interview at QBE Management Services (UK) Limited
✨Understand the Actuarial Landscape
Make sure you have a solid grasp of the actuarial concepts relevant to reserving and reinsurance. Familiarize yourself with the Lloyds Market and London Market, as well as the specific lines of business QBE operates in.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with quantitative analysis and how you've used data to inform business decisions. Be ready to provide examples of how you've supported forecasting or reserve assessments in previous roles.
✨Demonstrate Collaboration
Since this role involves working with colleagues globally, highlight your teamwork skills. Share experiences where you've successfully collaborated across different teams or geographies to achieve a common goal.
✨Ask Insightful Questions
Prepare thoughtful questions about the team dynamics, the tools and processes used for reserving, and how success is measured in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.